Pineapple Financial Inc. (PAPL) Financial Ratio Screen

NYSE Financial Services Canada USD 18M
BUSINESS EXCLUSION FLAG*
Automated financial screen · activity assessed separately
Pineapple Financial Inc. (PAPL) is potentially non-compliant because its supplied classification is Mortgage Finance. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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MSCI new-inclusion financial-ratio snapshot

PAPL financial screening at a glance

BUSINESS EXCLUSION FLAG*Financial ratios shown separately from business review — not a fatwa
Debt ratio
N/A
Not available vs 30%
Cash ratio
N/A
Not available vs 30%
Receivables + cash
N/A
Not available vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: August 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleBusiness exclusion flagSupplied classification requires attention
FTSE/Yasaar-styleBusiness exclusion flagSupplied classification requires attention
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityBusiness exclusion flagSupplied sector or industry classification matched an exclusion
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodAugust 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Business exclusion flag

The supplied classification (Mortgage Finance) matches a prohibited-activity category.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions in Canada. It offers mortgage brokering services, including mortgage consultation, advise on various mortgage products offered by financial institutions, client access to rate information and mortgage options from lenders, and assistance in selecting mortgage solution. The company also provides back-office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portals, loan maintenance activities, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. In addition, it offers pre-underwriting support services comprising credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics; and insurance products, which include whole life, permanent life, critical illness, and credit insurance. Further, the company operates MyPineapple, a technology platform that allows users to conduct their brokerage services. It serves mortgage agents, brokers, sub-brokers, and brokerages and consumers. The company was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021. Pineapple Financial Inc. was incorporated in 2015 and is headquartered in North York, Canada.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from August 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI Excluded — Mortgage Finance BUSINESS EXCLUSION FLAG*
FTSE Excluded — Mortgage Finance BUSINESS EXCLUSION FLAG*

Financial Highlights

EPS
$-8.26
P/B Ratio
-0.2
EV/EBITDA
-13.1
EV: $29M
Revenue
$19M
Growth: -5.8%
Beta
2.6
High volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin -25.3%
Net Margin 0.0%
Return on Assets (ROA) -19.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$946,820
Free Cash Flow-$2M
Total Debt$1M
Current Ratio0.1
Total Assets$5M

Price & Trading

Last Close$0.67
50-Day MA$0.78
200-Day MA$2.89
Avg Volume1.8M
Beta2.6
52-Week Range
$0.20
$9.53

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period August 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Pineapple Financial Inc. (PAPL)

CEO
Mr. Shubha-Jeet Dasgupta
Employees
39
Sector
Financial Services
Industry
Mortgage Finance
Country
Canada
Exchange
NYSE
Market Cap (listing currency)
USD 18M
Currency
USD

Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions in Canada. It offers mortgage brokering services, including mortgage consultation, advise on various mortgage products offered by financial institutions, client access to rate information and mortgage options from lenders, and assistance in selecting mortgage solution. The company also provides back-office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portals, loan maintenance activities, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. In addition, it offers pre-underwriting support services comprising credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics; and insurance products, which include whole life, permanent life, critical illness, and credit insurance. Further, the company operates MyPineapple, a technology platform that allows users to conduct their brokerage services. It serves mortgage agents, brokers, sub-brokers, and brokerages and consumers. The company was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021. Pineapple Financial Inc. was incorporated in 2015 and is headquartered in North York, Canada.

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Frequently Asked Questions

Is Pineapple Financial Inc. (PAPL) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Pineapple Financial Inc.'s debt ratio?

Pineapple Financial Inc.'s debt ratio is not available in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Pineapple Financial Inc.'s key financial metrics?

Pineapple Financial Inc. has a market capitalization of USD 18M in its listing currency, and revenue of $19M.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: August 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.